Limelight Acquires Cloud-Based Video Platform Delve Networks

August 2, 2010

Content delivery network Limelight Networks has bought Delve Networks , a company that runs cloud-based video publishing and analytics services. Limelight ( NSDQ: LLNW ) offered a mix of common stock and cash to buy the Seattle-based Delve, but the specific terms were not disclosed. The purchase comes little more than half a year after Limelight paid $110 million for interactive ad shop EyeWonder , one of the major rich media players in the online space. By adding the four-year-old Delve to its list of offerings, Limelight chairman and CEO Jeff Lunsford says the company can now provide...